Tag: offshore oil

• Thursday, June 2nd 2011 - 08:57 UTC

  Rolls Royse joins Brazil’s new oil rush with plant for offshore rigs energy modules

  

  Relying on the expected growth of the oil and gas industry in Brazil and the influx of new rigs and floating production, storage and offloading, FPSO, in the Brazilian offshore market, British manufacturer, Rolls Royse is set to make a 60 million US dollars investment in a new plant to build energy modules for offshore rigs.

• Wednesday, May 11th 2011 - 01:34 UTC

  Fearing US reaction, Cuba makes public full-scale offshore oil exploration plans

  

  Cuba hopes to counter US worries over its plans to start its first full-scale offshore oil exploration in a rare presentation this week to an energy audience outside the island.

• Thursday, March 17th 2011 - 21:05 UTC

  Argentina further tightens the noose on the Falkland Islands

  

  The Argentine senate unanimously approved Wednesday a bill that bars companies and persons from participating in hydrocarbons exploration and exploitation activities in the Argentine continental platform (which includes the Falkland Islands), and proscribes fines for infractions and barring periods of time from 5 to 20 years for companies that violate the law.